Resonac Holdings (FRA:SWD) Cyclically Adjusted PB Ratio: 5.49 (As of Jul. 05, 2026) — 358% Above Median


FRA:SWD Resonac Holdings Corp FRA:SWD
54 GF Score
Price €96.00
GF Value €20.10
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Resonac Holdings Cyclically Adjusted PB Ratio?

Resonac Holdings FRA:SWD -0.52% 54 Cyclically Adjusted PB Ratio is 5.49 as of Jul. 05, 2026, which is 358% above its 10-year median of 1.20. GuruFocus rates FRA:SWD with a GF Score™ of 54/100 and a GF Value™ of €20.10 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,283 Chemicals companies, Resonac Holdings ranks worse than 82% on this metric.

As of today (2026-07-05), Resonac Holdings's current share price is €96.00. Resonac Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €17.50. Resonac Holdings's Cyclically Adjusted PB Ratio for today is 5.49.

The historical rank and industry rank for Resonac Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:SWD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.2   Max: 5.77
Current: 5.39

During the past years, Resonac Holdings's highest Cyclically Adjusted PB Ratio was 5.77. The lowest was 0.70. And the median was 1.20.

FRA:SWD's Cyclically Adjusted PB Ratio is ranked worse than
82% of 1283 companies
in the Chemicals industry
Industry Median: 1.79 vs FRA:SWD: 5.39

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Resonac Holdings's adjusted book value per share data for the three months ended in Dec. 2025 was €21.150. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €17.50 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Resonac Holdings  (FRA:SWD) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Resonac Holdings Cyclically Adjusted PB Ratio Related Terms


Resonac Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Resonac Holdings's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Resonac Holdings Cyclically Adjusted PB Ratio Chart

Resonac Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.75 0.99 1.31 2.01

Resonac Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 1.07 1.58 2.01 0.00

FRA:SWD vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Resonac Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Resonac Holdings Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Resonac Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Resonac Holdings's Cyclically Adjusted PB Ratio falls into.


FRA:SWD
54GF Score
Resonac Holdings Corp FRA:SWD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Resonac Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Resonac Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=96.00/17.50
=5.49

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Resonac Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Resonac Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=21.15/113.0000*113.0000
=21.150

Current CPI (Dec. 2025) = 113.0000.

Resonac Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 15.786 97.900 18.221
201606 16.087 98.100 18.530
201609 17.398 98.000 20.061
201612 17.006 98.400 19.529
201703 18.189 98.100 20.952
201706 17.046 98.500 19.555
201709 17.210 98.800 19.684
201712 18.503 99.400 21.035
201803 20.480 99.200 23.329
201806 22.817 99.200 25.991
201809 24.831 99.900 28.087
201812 23.951 99.700 27.146
201903 25.514 99.700 28.918
201906 27.569 99.800 31.215
201909 28.831 100.100 32.546
201912 28.239 100.500 31.751
202003 27.315 100.300 30.774
202006 23.863 99.900 26.992
202009 23.054 99.900 26.077
202012 22.038 99.300 25.078
202103 22.515 99.900 25.467
202106 21.154 99.500 24.024
202109 21.275 100.100 24.017
202112 22.068 100.100 24.912
202203 22.532 101.100 25.184
202206 22.280 101.800 24.731
202209 22.753 103.100 24.938
202212 20.854 104.100 22.637
202303 20.467 104.400 22.153
202306 19.778 105.200 21.244
202309 19.974 106.200 21.253
202312 19.695 106.800 20.838
202403 19.866 107.200 20.941
202406 20.163 108.200 21.057
202409 20.619 108.900 21.395
202412 22.833 110.700 23.307
202503 21.823 111.100 22.196
202506 21.478 111.700 21.728
202509 20.527 112.000 20.710
202512 21.150 113.000 21.150

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 5.49 mean?
Resonac Holdings (FRA:SWD) has a Cyclically Adjusted PB Ratio of 5.49 as of Jul. 05, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Resonac Holdings and its competitors. This is 358% above median its historical median of 1.20. Over the past decade, Resonac Holdings' Cyclically Adjusted PB Ratio has ranged from 0.70 to 5.77. According to the industry distribution chart, Resonac Holdings ranks #1052 out of 1283 companies in the Chemicals industry, placing it in the top 82%.
Is Resonac Holdings' Cyclically Adjusted PB Ratio too high?
Resonac Holdings' current Cyclically Adjusted PB Ratio of 5.49 is 358% above median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 5.77. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.79. Resonac Holdings' value of 5.49 is 206.7% above this industry median. Based on the distribution chart, Resonac Holdings ranks #1052 out of 1283 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Resonac Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resonac Holdings' Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Resonac Holdings ranks #1052 out of 1283 companies for Cyclically Adjusted PB Ratio. This places Resonac Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Resonac Holdings' value of 5.49 is 206.7% above this benchmark. Historically, Resonac Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.70 to 5.77 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.79, Resonac Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.79, based on 1,283 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Resonac Holdings's current Cyclically Adjusted PB Ratio of 5.49 is 206.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Resonac Holdings and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Resonac Holdings's current Cyclically Adjusted PB Ratio is 5.49, which is 358% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resonac Holdings stock overvalued right now?
Based on GuruFocus' analysis, Resonac Holdings (FRA:SWD) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.10, compared to a current price of €96.00 — trading 377.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.49, which is 358% above median its 10-year median of 1.20 and 206.7% above the Chemicals industry median of 1.79. Resonac Holdings' overall GF Score™ is 54/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Resonac Holdings (FRA:SWD), the current Cyclically Adjusted PB Ratio is 5.49 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Resonac Holdings (FRA:SWD) Overvalued in 2026?

Based on GuruFocus' analysis, Resonac Holdings stock appears to be overvalued. The current stock price of €96.00 is trading 377.6% above its estimated GF Value™ of €20.10. GuruFocus considers Resonac Holdings to be Significantly Overvalued.

Key valuation signals for FRA:SWD:

  • Cyclically Adjusted PB Ratio: 5.49 (358% above median its 10-year median of 1.20)
  • GF Value™: €20.10 vs. price of €96.00 (377.6% above fair value)
  • GF Score™: 54/100 with 8 warning signs
  • Industry Position: 206.7% above the Chemicals median (#1052 of 1283)

No single metric tells the full story. See the FRA:SWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Resonac Holdings Business Description

Address 1-9-1, Higashi-Shimbashi, Tokyo Shiodome Building, Minato-ku, Tokyo, JPN, 105-7325
Resonac Holdings Corp manufactures and sells chemicals, aluminum, and electronics. The company operates through five segments. The Chemical segment includes petrochemicals such as olefins and organic chemicals, industrial gases, basic chemicals, and graphite electrodes. The Innovation Materials segment covers functional chemicals, resins, coating materials, ceramics, and aluminum specialty components. The Mobility segment provides automotive products, friction materials, powder metal products, & lithium-ion battery materials. Semiconductors and Electronic Materials segment includes front-end and back-end semiconductor materials, as well as device solutions like hard disk media and compound semiconductors. The Others segment covers energy storage devices, systems, and life science products.
54GF Score

Get the complete analysis for FRA:SWD

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€96.00
Price
€20.10
GF Value